World Liberty Financial (WLFI), a DEFI group linked to the US President Donald Trump, added SUP (SUI) to his strategic reserves. This decision is part of WLFI’s strategy to develop a large portfolio that supports financial solutions based on blockchain.
Followed by other major cryptographic assets
Since its introduction in September 2024, WLFI has established a strong influence in the cryptocurrency space. Bitcoin wrapped (WBTC) and Ethereum (ETH) are already in its reserve, and sui is the last addition.
Donald Trump Jr. and Eric Trump, web3 ambassadors, lead the initiative. Barron Trump, the younger son of the president, also participates and calls for a “challenge visionary”. Their goal is to promote stablecoins and other decentralized financial technologies.
Breaking – We are extremely delighted to announce a partnership with @WorldlibertyfiA pioneer challenge protocol inspired by Donald J. Trump, anchored in a shared vision of a more open and more transparent financial world.
As part of this collaboration: WLFI will include SUP in their … pic.twitter.com/7j1gb0ebs4
Why WLFI chose Su?
SU, developed by Mysten Labs, is recognized for its rapid transactions and its ability to evolve effectively. It was designed to take charge of a large number of users while remaining profitable, making it an excellent choice for financial applications.
The fact that WLFI added Suit to its stock shows that it has confidence in the future of Blockchain technology. The group is dedicated to keeping a wide range of digital assets and supporting important web3 projects.
In his role as WLFI Ambassador Web3, Eric Trump was really enthusiastic about the Alliance. He said that the roots of the blockchain in American innovation and the ability of the company to grow were two things that stood out towards him.
Suis has just joined forces with World Liberty Financial, a defi protocol supported by Trump, leading to an increase in the token.
SUP will integrate his layer 1 blockchain with WLFI financial strategies, improving their strategic token reserve to support DEFI projects.
Read more here:…
The co -founder and CEO of Mysten Labs – the company behind Sun – Evan Cheng hoped how the Alliance would transform the preservation and use of assets worldwide.
He said that everyone shared the same objective: to give individuals control of their financial resources and its digital presence.Market reactions
Meanwhile, the news of the announcement of the partnership gave a boost to the token, increasing by 10% in the last 24 hours, according to Coingecko data. The collaboration was welcomed by investors who considered it a major approval of technology and the importance of blockchain in WLFI initiatives.
This agreement improves the position of SUP on the DEFI market. As a relatively new project, WLFI benefits from alignment with a strong blockchain like Suit, helping to strengthen its presence on the market.Following steps for WLFI et suis
Wlfi and Suit should continue to collaborate on blockchain -based financial solutions. Although specific plans have not been disclosed, the addition of sui to WLFI reserves suggests a deeper partnership in the future.
PEXELS star image, tradingView graphic